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      NESV/Fenway Sports Group: Owners of LFC

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      rossyred, FL Red and 15 Guests are viewing this topic.
      racerx34
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      • THE SALT IN THE SOUP
      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32453: Jan 19, 2023 10:17:51 am
      2nd*
      Because let's not legitimise that City figure.
      Keith Singleton
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      • Sir Lewis Hamilton
      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32454: Jan 19, 2023 10:27:21 am
      Thats it mate, its not just transfer fees it s wages, so need to move a few on in the summer to bring in fresh meat. l o l

      So you have at least another 100 million in revenue now so that alone buys you Bellingham mate.  ;D
      racerx34
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      • THE SALT IN THE SOUP
      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32455: Jan 19, 2023 10:31:25 am
      So you have at least another 100 million in revenue now so that alone buys you Bellingham mate.  ;D

      First time I can remember that Liverpool, financially, have been ahead of United.
      That's the litmus test right there.
      brezipool
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32456: Jan 19, 2023 10:38:48 am
      So you have at least another 100 million in revenue now so that alone buys you Bellingham mate.  ;D

      hope so. :)
      Keith Singleton
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      • Sir Lewis Hamilton
      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32457: Jan 19, 2023 11:06:14 am
      First time I can remember that Liverpool, financially, have been ahead of United.
      That's the litmus test right there.

      Like wise racer, testament to a great season and obviously playing more games than anyone else due to the finals. Credit where credits due.
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32458: Jan 19, 2023 01:17:19 pm
      We can only spend what we make, that’s FSG’s model. Remember that.
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32459: Jan 19, 2023 04:24:49 pm
      I see there's still confusion (somehow) between revenue and income.
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32460: Jan 19, 2023 04:25:26 pm
      Cheers.

      I see the annual conspiracy theories about wages have started on Twitter. ;D

      Won't be too far behind in here I'd imagine

      Where's Shabs been? wasn't he who led the charge on the board regarding this?
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32461: Jan 19, 2023 05:19:33 pm
      I see there's still confusion (somehow) between revenue and income.

      Looking like income will be 100-200m according to reports.
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32462: Jan 19, 2023 06:14:20 pm
      Looking like income will be 100-200m according to reports.

      No. Income is estimated to be 33M
      KeepTheFaith
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32463: Jan 19, 2023 07:05:07 pm
      Pretty sure stadium redevelopment costs have come out our costs to reduce the tax burden etc

      It’s a shame, if we only invested in our midfield in the summer, it would helped so
      Much, the mistake has cost us cl football, so probably around 50-60m total revenue, all because of a structure that’s too stingy and a Manager too loyal

      I hope we do get Qatar owners and have a decent budget in the summer to go strong

      But if we do finished 6/7/8

      We have a wage bill that’s probably number 4 in the country, a few players have to go to get that down as we are overpaying and they are not delivering
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32464: Jan 19, 2023 07:52:02 pm
      No. Income is estimated to be 33M

      Where are you seeing that? The Reddit thread I was reading through is saying anywhere from 70-200 (actual numbers won’t be announced till March).
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32465: Jan 19, 2023 08:02:56 pm
      No. Income is estimated to be 33M

      That’s the overall bottom line loss/profit and also depending on the what date it’s taken from.


      The football accountant on Twitter has it until the end of summer transfer window I believe with the profit at 33m
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32466: Jan 19, 2023 08:10:15 pm
      Cheers.

      I see the annual conspiracy theories about wages have started on Twitter. ;D

      Won't be too far behind in here I'd imagine

      Think Shabs was the main driver

      But Corballys brother is on the March


      https://twitter.com/notoriouslfc/status/1616005034021355521?s=46&t=ZW49AdR0_tG6fSbUA1vLdg
      HUYTON RED
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32467: Jan 19, 2023 08:28:43 pm
       :mad:

      I bet he's got an Excel spreadsheet compiled with all his financial workings to back up his own bullshit too.

      Honestly you do have to wonder about the sanity of some of these loons and the mental gymnastics they think up wanting to know about every £ spent by the club.

      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32468: Jan 19, 2023 08:40:43 pm
      Where are you seeing that? The Reddit thread I was reading through is saying anywhere from 70-200 (actual numbers won’t be announced till March).

      In the twitter link Lallana posted. Net Income (Loss) highlighted in yellow shows 21/22 Est of 33M.

      https://twitter.com/gregorypcordell/status/1615850910177202179?s=46&t=EQQ2cW7lXH0zVaoTO86jbA
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32469: Jan 19, 2023 08:48:06 pm
      In the twitter link Lallana posted. Net Income (Loss) highlighted in yellow shows 21/22 Est of 33M.

      https://twitter.com/gregorypcordell/status/1615850910177202179?s=46&t=EQQ2cW7lXH0zVaoTO86jbA

      And isn’t his estimated revenue number wrong according to Deloitte’s numbers? Deloitte says 700m he says 596?
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32470: Jan 19, 2023 08:51:41 pm
      And isn’t his estimated revenue number wrong according to Deloitte’s numbers? Deloitte says 700m he says 596?

      Exchange rate. Deloitte is quoting 700M Euros and the Cordell is quoting 596M GBP.
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32471: Jan 19, 2023 09:11:56 pm
      Exchange rate. Deloitte is quoting 700M Euros and the Cordell is quoting 596M GBP.
      Well he’s about 16m pounds off still in his conversion. Guess we will have to wait for the actual numbers in March. Either way there is money to spend to strengthen the team even without selling players.
      ConzS
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32472: Jan 19, 2023 09:16:24 pm
      What point are we getting at here anyway, that net income (profit) is what we’ve got to spend on transfers?
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32473: Jan 19, 2023 09:24:58 pm
      What point are we getting at here anyway, that net income (profit) is what we’ve got to spend on transfers?

      That’s the FSG model. Spend what we earn. 
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32474: Jan 19, 2023 09:39:08 pm
      Well he’s about 16m pounds off still in his conversion. Guess we will have to wait for the actual numbers in March. Either way there is money to spend to strengthen the team even without selling players.

      It could be Deloitte that is off for all we know.

      In LFCs case, GBP is the local currency, so it is Deloitte that is converting currencies not the other way around. Even then, because LFC is a global brand with revenues across multiple countries, those revenues have to be converted to GBP so it's a big cluster to figure out. You can't just take the current exchange rate, apply it, and think you're going to tie. P&L's get converted to local currencies at the end of each month using the average exchange rate throughout the respective month.
      ConzS
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #32475: Jan 19, 2023 09:51:42 pm
      That’s the FSG model. Spend what we earn.
      Well in that case there’s not much hope for next season.

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